What country should I relocate to if the U.S. has a major economic collapse?

I haven't posted in this forum for a while, but with all the crazy financial stuff going on lately(which I predicted here at DP like two years ago(see my older threads)), I couldn't help myself. Everything that me and other well informed members of this forum predicted is coming true, banks are failing, the dollar is falling like a sack of potatoes, and silver and gold is set to go supernova.

Everyone in this forum who has ever disagreed with me on anything financially has now been proven wrong. The current economic system is a disastrous failure, and my greatest fear is that it will end in a hyperinflationary collapse, where a loaf of bread costs $100.

I personally see no hope for the U.S. I love this country, but Americans are responsible for this. They allowed themselves to be duped by insidious Wall Street financiers and predatory lenders who played them like playstations. The one man who could have made a difference, had he been allowed to get the Rep nomination, was Ron Paul, but Americans chose to spit in his face and go for McCain or Obama, two men who can do nothing to even begin to help this nation.

Now I just read on Yahoo news that the very same CEOs who are behind this mess are bailing out of the country with multi-million dollar bonuses, while congress proposes that you and I pay part of a $700 billion dollar "rescue" package.

While these former CEOs will be living in mansions in foreign countries laying gorgeous women, driving import luxury vehicles, eating the best foods, and enjoying every other luxury money can buy, Americans will starve once their dollars are no longer able to buy them anything.

But I digress. The purpose this thread is for me to get some ideas as to where I should go before the inevitable collapse happens. The way I see it, since my business is internet based, I can pretty much live anywhere(as long as English is widely spoken, though I'm also learning Spanish right now). I'm very interested in "island" nations that many people haven't heard of. In any event, the countries I would potentially like to relocate two must have the following characteristics:

1. English should be spoken considerably(but not necessarily the official language). I'm learning Spanish right now, but it will take time, and time is running out.

2. Stable government: The country needs to be a place where the government is stable, where I don't have to worry about a dictator coming to power, or having my property siezed(that is the exact problem we're facing in the U.S.).

3. Country must be easy to get in: I need a country that is calm with a stable government, but which is also easy to get into. I don't have much time to wait years to get in, because this collapse almost seems imminent.

4. Stable banking system(when I put my money in the bank, I want to make sure it is safe and will remain there).

5. Tax Haven. I hate taxes, and I'm sure you do to. Therefore, countries on my list should be places which are very low tax jurisdictions.


These are the basic attributes any countries you guys suggest should meet. The way I see it, gold and silver will eventually skyrocket in value against most fiat currencies(once billionaires and millionaires bail out of the dollar), and this means that anyone holding substantial amounts of gold and silver would become fabulously wealthy overnight. Also, some of you might come in and post Switzerland, but the big problem with becoming a citizen of that country is that you have to be extremely wealthy(which is smart on the Swiss's part), but I don't yet have enough money to become a citizen there(I'm working on it, maybe when the dollar collapses and an ounce of silver costs $3,000, maybe then I'd have enough to become a Swiss citizen).

Any ideas and suggestions would be greatly appreciated. Hell, if you know of any sites which post info on this topic, please feel free to post them.

Also, what is the process of getting a dual citizenship? I want to leave the U.S., but I don't want to give up my U.S. citizenship, just in case things return to normal, which I seriously doubt.

 

Although I don't understand much about this kind of stuff, from what I do understand, the financial problems are global. You'll be hit wherever you go.

 

Actually wasn't it tesla that asked that same question during the last election? Why are you even here?

 

Honduras is a good destination. The capital and San Pedro Sula have some expensive real estate but other areas are cheap. Cities like Trujillo (Costa Norte), Choluteca (Pacific) and Comayagua (Central) have good deals. San Lorenzo on the Pan American Highway, Santa Rosa de Copan and Copan Ruinas and Tela are worth checking out.

If you want an Island and English speaking, Honduras has the bay islands of which Roatan is the largest and most famous.

The types of residency permits that can be obtained in Honduras are:

RENTIST: The applicant must have an income of at least US$2,500 per month from a source outside of Honduran soil (e.g., rents, deposits, bonds)
RETIRED: The applicant must have a lifetime benefit of at least $1,500 per month coming from a private or government institution
INVESTOR: The applicant must prove that his business or project is or will be represented by an investment of at least $50,000
RELATIVE: The applicant must be a relative of a Honduran citizen.

Australia is a great choice but the US dollar doesn't go very far anymore.

 

you won't escape this mess, this shithole will swallow everyone in it's path.

 

Central America and Mexico are heavily dependent on remittances (remesas) so you're right that there will be some hard times down there.

At least the taxes are cheap. You can go bananas and keep some cows in your backyard.

 

Tell me about it, everytime I go to the ATM in the EU it really hurts

I need to find some programs that pay me in euros, the dollar just sucks and it looks like it is only going to get worse.

 

Any body know if Salemi would be a good place to lived? It is locate in by western Sicily.

 

lol, i'm just gonna round up some friendlies and go primitive style. hunting, fishing, growing, trade with some local farmers. funny thing is, i saw this coming 3 months ago and for some reason decided not to continue preparing for it until recently. now (i have reason to believe) we have about 10-11 days.

 

What's the women like?

 

Come over to Malaysia. Take the Malaysian Second Home Programme. Stay not in the main cities but smaller town. Though there's no such place in this world that could offer 100% security & stability, but you can surely find a well controlled situation here in Malaysia. Don't just trust everything that I said or any news from any media that you've ever encountered though, instead take few weeks off, come over & experience it yourself.

Cheers,

 

What will happen in 10-11 days?

 

The mosquitia is a great place to do that. The only way in is by canoe. The mosquitia is the largest jungle in central america and largely untouched.

Honduras is the quintessential "banana republic". The women are fiery and temperamental. Amorsi has tours but you're sure to meet girls everywhere you go.

http://www.amorsi.com/Meeting-Latin-Women-Introductions-Tour.asp

There's probably better places to meet girls and certainly colombian girls are hotter. But if you enjoy the slow pace of honduran life, the women will grow on you.

 

Hong Kong
Australia
Honduras
Malaysia

This is a pretty diverse list, I will begin checking these places out. What do you guys think of Nevis, The Cayman Islands, or Antigua? Also, what are the steps to getting dual citizenship? Does it vary by country?

This is true to an extent, but I'd rather not be at "ground zero" of this collapse. The way I see it, staying in the United States right now is like remaining in the World Trade Centers after the planes have hit, it will eventually come down, and if you get out in time, you might have a chance, but staying in the building will definitely lead to death.

I want to get as far away from this as possible. I'm now just about 98% certain that we will have another Great Depression, but I call it the Greater Depression, since it is going to make the first one look like patty cakes. Here are some nightmare possibilities:

1. $700 billion bail out sets the stage for hyperinflationary collapse. The dollar becomes so worthless that people have to burn it to keep themselves warm during the winter.
2. Americans hit the ceiling in rage once they realize their savings and retirements funds are worthless.
3. Country experiences massive civil unrest. (think the L.A. riots on a national scale).
4. To deal with the civil unrest, the military is called in, maybe even UN troops.
5. The constitution is suspended.
6. Americans who fight are put in camps. (the government is currently building detention camps for this exact scenario).
7. November elections are cancelled. Bush uses dictatorial powers to remain in office even when he should have left.

These six things may sound implausible, but they are not. Many respected sources have reported dire problems, and these include George Soros, Jim Rogers, Warren Buffet, Ron Paul, and Joseph E. Stigliz. Too many reliable sources have predicted doomsday to take this all for a joke.

And WaMu just failed. Oh brother...........this generation doesn't know what a depression is, but we are going to find out real fast.......hello 1929.

 

The US economy is strong and the US will have record food harvests this year.

The problem is that the government and ppl are spending money like drunken sailors.

Even a recession like 1981-1982 will be more than people are used to. It's difficult to judge what the reaction will be.

 

You're being sarcastic right? We have a huge deficit, the U.S. had to borrow money for the wars in Iraq and Afghanistan, and we spend more money than we take in. It is mighty hard to call our economy strong, especially when the following bankruptcies and failures have occured:

1. Bear Stearns
2. Lehman Brothers
3. IndyMac
4. Washington Mutual
5. Fannie Mae and Freddie Mac( the entire system would have already collapsed if these guys were'nt bailed out)

In any event, some of the best economists and financiers in the world are predicting a massive economic decline. German officials have recently said the U.S. is about to lose its super power financial status, and Jim Rogers, one of the best investors in the world, is saying he is getting all his assets out of dollars. Additionally, Rogers also makes it clear that the dollar is about to lose its world reserve status. Soros and Buffet have made similar statements. When top investors start saying their are buying gold and getting out of dollars, it is time to start taking things very seriously.

With all these high level financiers saying these things, it is hard to say the economy is strong, or that it will only be a 1980s style recession. When the president has to get on tv and try to sell you a $700 billion bailout, basically telling you that if it doesn't go through their will be a financial crisis, you know we are in tremendous shit.

Bogart, I trust my instincts, and my instincts tell me to get out of here sooner rather than later. The problem is, I've never traveled outside the U.S., let alone considered moving. This is a major decision, and I need to do a lot of reading and research. Hell, I don't even know if I can get out in time.

The thing that pisses me off the most about this is that people like me have to suffer because millions of other dumb Americans decided to write checks their asses couldn't cash, that is, signing up for mortgages they couldn't afford and getting themselves into debt. People like me, who are responsible, thrifty, and debt free, have to suffer because of a bunch of morons who want to take the "easy" path to wealth, by borrowing.

The problems this country currently faces stems from the simple fact that people are stupid enough to believe that they can "borrow" their way to prosperity. Human nature is the reason we're in this mess. People don't want to work their asses off like guys like me and save money and live frugally, investing wisely, oh no, they need to go into debt to have all those stupid toys and bobbles that don't mean anything in the long run. Then, when millions of these morons default, I have to worry about my own assets being wiped out, and may have to relocate.............................dammit, stupid American idiots, many people these days have no discipline or the ability to make sacrifices, this country deserves what it gets, I just wish I already had everything set up so I could "bail" out of here.

Some people have said they would stay and fight the government. I say these people are morons. There is no way in hell I'm going to try to fight the government because millions of Americans decided to live the good life on a credit card, I'm leaving, and if people think me a coward, consider this: a live dog is better than a dead lion, and besides, many celebrities and famous personalities will be on the first flight out of here as soon as the shit hits the fan.

Why on Earth would people like Tom Cruise or John Travolota, or Madonna stay here when they have houses on multiple continents? My advice to everyone here who even has moderate amounts of wealth is this:

1. Buy as much gold and silver as you can get your hands on. (You'd better start buying while they're still taking paper dollars for it!)
2. Begin stockpiling food. If the dollar collapses, there will be food riots, and if you don't have food, you will starve.
3. Buy a gun. When the shit hits the fan, cops won't be able to help you(research Hurricane Katrina), and if you were wise enough to prepare, other people will try to take advantage. Putting a shotgun in their face will make them think twice.
4. If you have enough money, time, and knowledge, consider relocating to another country(this is what I'm doing).
5. Start reading survivalist books. Here are some I highly recommend:
6. Consider growing your own food if you have the space and knowledge. If you don't have the knowledge, you may want to get it.

1. The Poor Man's James Bond Series( I have volumes 1 and 4, a great and highly valuable guide, where you learn how to survive in harsh conditions and make all types of weapons and gadgets, often from everyday household items). In this excellent series, author Kurt Saxon says that many Americans are living in "disneyland for dummies" and predicts the exact scenario we're in today. You guys might want to start studying how your ancestors lived before corporations massed produced everything.

2. The Alpha Strategy. This is a free e-book I found online written in the 1980s. It is an old book, but the author amazingly describes the exact scenario that we are currently facing. In fact, if I didn't know this book was written in the 1980s, I'd think it was written yesterday!

 

The $700 billion bailout is bad. On top of it the dems are trying to add a second stimilus giveaway of $53 billion. Inflation is a huge risk. However, Argentina has survived 50 years of this stuff.

A stock market crash could make things sticky. People are using the market like cash and there is a real danger than some funds will "break the buck" causing a run on money market funds.

 

it is my belief that around this time we'll see the beginnings of an economic collapse. hopefully i'm wrong, but from everything i've read, and saw come true - i have little reason to believe this is inaccurate.

 

Your should look at one of the British islands or territories around the world...

Lets see... Gibraltar...

English / Spanish speaking...

http://en.wikipedia.org/wiki/Gibraltar

What else...

St Helena!

http://en.wikipedia.org/wiki/Saint_Helena